Uber Market Cap Rose by 18% in Q3 2020, H1 Revenue Plunged by $481 Million YoY
Jastra Kranjec
October 27, 2020
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The year 2020 has been rough for the ride-hailing giant Uber, as its bookings and consumer activity nosedived amid the coronavirus lockdown. Although the company’s shares started recovering after a stock market crash in March, the record-low customer activity caused a sharp fall in revenues. According to data presented by StockApps, Uber market capitalization increased …
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